Happy Wednesday friends! The excitement continues!
Let’s dive in!
Stats/alerts/etc at top and tweets/news/links/videos/etc at bottom… and all tweets are hyperlinked so just click on them to pull them up on Twitter!
Market Update
Crypto (from @CryptoBubbles):
Gold: $2478.20
Oil (WTI): $81.56
US 10Y Treasury: 4.177%
Biggest Price Movers
(From @coingecko top 1000, by 24 hour change)
Spotlight
Take note good degens! You can now trade with 0% fees on TON through the @TokenSight_Io Telegram bot!
If you have used Banana Bot or Bonk Bot then the basic concept will be familiar to you but TokenSight is revolutionizing the model via the ability to trade via secure, self-custodial wallets… AND via their TokenSight Dashboard with portfolio overview, fiat on-ramping, reach across 10+ chains, and all sorts of other boolish features!
This 0% fee trading on TON via Telegram bot is particularly significant given the massive growth TON (and Telegram itself) continue to see within the crypto space!
We will be helping raise awareness about everything the team has been working on so stay tuned for additional updates, and make sure to try out TokenSight now and follow them on Twitter for more updates!
Biggest TVL Movers + Else
Chains are quite green today. Top 30 chains up at least 20% on the weekly include Mantle (#18), PulseChain (#24), Near (#25), and Cardano (#28).
Protocols are also quite green today. Top 50 protocols up at least 20% on the weekly include Coinbase Wrapped Staked ETH (#37), Aerodrome (#41), and Mellow Protocol (#43).
Here’s The Top 12 Chains By TVL (from @DefiLlama):
Here’s The Top 12 Protocols By TVL (from @DefiLlama):
Here’s The Top 12 Entities By 24 Hour Fee Generation (from @DefiLlama):
Here’s The Top 12 Chains By 7 Day Stablecoin Inflow % (from @DefiLlama):
Bitcoin Fear/Greed Index:
(from @BitcoinFear)
Chart Of The Day
(Courtesy of our Official Sponsor @vertex_protocol)
-$BTC has been surging over the last few days and animal spirits are starting to return to our beloved crypto markets! Do you think the bullishness will continue anon?!?Express your position via spot or leverage and access 40+ other markets as well at app.vertexprotocol.com!
New Projects
(note: this includes new projects we find through combing Twitter each day, and we also include or re-include every newly launched protocol added by @DefiLlama that has at least some TVL or is followed by at least some of our mutuals - hence disclaimer: these are not pre-vetted by us so make sure to DYOR!)
-Something new called @gwyneth_taiko. Twitter bio states “Gwyneth is a based rollup synchronously composable with Ethereum. 🌸 Bootstrapped by @taikoxyz . 🥁” Followed by 7 of our mutuals. h/t @AresLabs_xyz:
-Something new called @bimabtc. Twitter bio states “Building the omni-chain stable for #BTC. Backed by @portalventures and more.” Followed by 8 of our mutuals. h/t @AresLabs_xyz:
-New project called @weweswap. Twitter bio states “Simple, Passive, LP'ing on BASE with Real Yields paid in USDC.” Followed by 6 of our mutuals. h/t @AresLabs_xyz:
-Something new called @Liquid_Start. Twitter bio states “experiment with the aim of improving the DeFi landscape we currently use. Covering @HyperliquidX ecosystem”. Followed by 6 of our mutuals. h/t @AresLabs_xyz:
Top Stablecoin Yields
(note: these are the top Stablecoin Yields, sourced from @DefiLlama (all types, $1M+ TVL) - note: these lists are just raw data, make sure to always DYOR before interacting with any/all protocols)
Security Alerts
-No security alerts today.
Important News And Analysis
(key news, twitter threads, articles, videos, etc from last 24 hours)
-Bitcoin back within 15% or so of previous all-time high’s as ETF flows continue to ramp up:
-Update on Mt Gox repayments, h/t @WuBlockchain:
-Market is now pricing in a 91% chance of a Fed rate cut in September:
-News/ticker alfa from @0xSalazar:
-Lots of bullish COIN sentiments on the TL, example c/o @TheFlowHorse:
-Worldcoin generating much attention, h/t @Tyler_Did_It:
-Very in-depth article on Worldcoin from @DefiSquared:
-Important security reminder from @OvrCldJonny in wake of the LIFI issue yesterday:
-Thoughts from @cburniske:
-Bullish sentiments from @iamDCinvestor:
-More headlines, from @blocmatesnews:
-New interview with Vitalik Buterin and Christopher Goes from ETHcc by @thebellcurvepod:
-New video on Solana defi strategies from @Dynamo_Patrick:
-New airdrop-related video from @KryptoCove:
-Parting wisdom from @73lV_:
Conclusion
Happy Wednesday good degens! Stay alert out there!
And please RT/subscribe/etc if you found this valuable!
-
-
-
-
***Note On Material: The ‘Spotlight’ and ‘Note’ sections and info on our Official Monthly Sponsor are the only parts of The Daily Degen that are sponsored/promotional. Everything else is chosen 100% organically based on what info/stories/etc seem likely to be the most newsworthy/important/valuable to readers.